Rewaa

About:

Rewaa is an omnichannel inventory management system and a POS that integrates with marketplaces, shopping carts, and other retail services.

Website: https://rewaatech.com

Twitter/X: rewaatech

Top Investors: Wa’ed Ventures, Derayah Venture Capital, RZM Investments, Stc, Khwarizmi Ventures

Description:

Rewaa was founded to make penetrating through the e-commerce industry easier for retailers with minimal operational and marketing costs by solving two main aspects: Marketing aspect: Make in-store products available online. By using Rewaa Cashier System, any product in the physical store will be automatically listed in the online marketplaces and the merchant's online store. Operational aspects: The integration between physical, online store and marketplace, eliminate the need of independent inventory for online store operations, and that will help to reduce employment cost, therefore, the physical store will be the shipping center, so whenever an order received by online store will be transferred automatically for the nearest branch from the customer. And eventually, the inventory will be automatically updated across all channels.

Total Funding Amount:

$27.8M

Estimated Revenue Range:

$10M to $50M

Headquarters Location:

Riyadh, Ar Riyad, Saudi Arabia

Founded Date:

2018-03-14

Contact Email:

info(AT)rewaatech.com

Founders:

Abdullah Aljadhai, Mohammed Alqasir

Number of Employees:

101-250

Last Funding Date:

2023-08-28

IPO Status:

Private

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